28 Lakeside Drive, McKellar, ON

$995,000
MLS#:X12316981
3 beds
2 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of McKellar. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $995,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 205 x 346 ft lot
  • Features a walk-out, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned
  • Efficient radiant heating via oil

Description

LAKE MANITOUWABING GEM! PRIME SOUTH FACING DOUBLE LOT 204 ft WATERFRONT! Spacious 3 bedroom ranch bungalow offers approx 1800 sf + walkout bonus lower level, Attached double garage + DETACHED GARAGE w insulated shop (35' x 24'), Captivating Open concept Great Room boasts wall of windows to enjoy lake views, Floor to ceiling stone fireplace, Desirable new custom kitchen with abundance of cabinetry, Quartz counters, Stainless appliances, Updated quality vinyl plank flooring, Primary bedroom features 4 pc ensuite bath & walk in closet, Ideal main floor den/office/retreat room overlooks the lakeside, Walkout to huge sun deck with glass rails, Made for entertaining, Enjoy this Year Round Recreation Paradise; Ideal as a home or 4 season cottage, Nestled on the protected waters of Robinson Bay on Lake Manitouwabing, Miles of boating & fishing enjoyment, Clean classic granite shoreline with deep water (16-18' end of dock), Long lake views, Extensive docking system with Covered Boat Canopy, U shaped slip, 35 ft Deck is just made for enjoying the SUNNY SOUTH EXPOSURE, Fantastic swimming, Ideal for all water sports, This lake house has been Upgraded with radiant hot water heating system, Metal roof, Updated windows, Convenient Attached double garage + full walkout basement, (develop for more living area or enjoy the great bonus storage space), Year round road access, Golf at Renowned 'The Ridge at Manitou', Drive or Boat to Mckellar for amenities, Licensed General Store, Saturday morning Market, Pizza restaurant, Take out, Middle River Farm Store, 2.5 hours to the GTA! This Waterfront Community is waiting for you! Make Family Waterfront Memories Here!

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Property Summary

This detached home located at 28 Lakeside Drive, McKellar is currently for sale and has been available on SousaSells for 350 days. This property is listed at $995,000 with an estimated mortgage of $3,312* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 28 Lakeside Drive, McKellar is in the McKellar neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 20, 2025
Sold price information is available to members only
Listed Date7/31/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementWalk-Out, Partially Finished
Lot Size205 × 346 Feet
CountyParry Sound
Annual Tax$3,660
Legal DescriptionPLAN 247 LOT 13 TO 14

Parking & Garage

Parking Spaces12.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceOil
Heat TypeRadiant
CoolingNone

Features

Property Features

Arts Centre, Golf, Hospital, Marina

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

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Location

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28 Lakeside Drive, McKellar, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 28 Lakeside Drive, McKellar, ON P2A 0B4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in McKellar.

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Interest Rate4.00%
Down Payment$298,500 (30.0%)
* Minimum Canadian down payment required for this price is $74,500.
Amortization Period30 Years
Estimated Monthly Payment$3,312Based on a loan of $696,500 over 30 years.
Purchase Price$995,000
Loan Amount$696,500
Provincial Land Transfer Tax:$16,375
Total Estimated Closing Taxes:$16,375

About Purchasing a Home in McKellar, ON

For a property listed at $995,000 in McKellar, the legal minimum down payment is $74,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,375 for this transaction. As this listing is in McKellar (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for McKellar, McKellar.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$851,547

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.